#TradingPairs101 In the cryptocurrency market, the concept of trading pairs is used to determine how one currency is exchanged for another. For example, the BTC/USDT pair means that you are buying or selling Bitcoin in exchange for Tether.

Choosing the right pair depends on what you have and what you want to achieve. Some pairs are common and have high liquidity like ETH/USDT or BNB/BTC, while less-known pairs may have lower liquidity and carry greater risks.

Each trading platform offers a variety of different pairs, and prices and fees can vary from platform to platform. It is important to understand the difference between stablecoin pairs, alternative currency pairs, and fiat or digital dollar currency pairs.

Understanding the mechanism of pairs helps you make smarter trading decisions, especially when trading multiple currencies or trying to realize profits from market movements.